MarcoOlevano

#CLH - City Lodge breaking out its long term triangle consolid..

Long
MarcoOlevano Aggiornato   
JSE:CLH   CITY LODGE HOTELS LTD
Watch out - City lodge is breaking out this long term triangle bottoming pattern. I have 3 different targets based on the distances of the triangles within the larger triangle. I'd like to see a little more volume on this break but technically it looks good. More conservative traders can wait for a breakout above 5.05 for further confirmation
Commento:
Taking its sweet time but the successive time trading above the breakout is quite positive

"If you do what you love, you'll never work a day in your life" - Marc Anthony
Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.